A Buyer's Cancellation of a Contract Based on the Seller's

question 22

Multiple Choice

A buyer's cancellation of a contract based on the seller's anticipatory repudiation is effective:

• A) only if the buyer expressly notifies the seller of the cancellation.
• B) if the cancellation precedes the seller's attempt to retract her repudiation.
• C) only if bond has been obtained.
• D) only if the seller's repudiation is in writing.

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